Goldman exec testifies he warned bankers not to do business with Jho Low


NEW YORK: A Goldman Sachs Group Inc senior legal executive who helped vet the 1Malaysia Development Berhad (1MDB) bond deals that exploded in scandal has told a jury he warned Goldman bankers not to do business with fugitive Malaysian financier Jho Low.

Stephen O’Flaherty, who served in British intelligence for 30 years before joining Goldman, told the jurors in the foreign-bribery trial of former Goldman banker Roger Ng here on Tuesday (March 15) that despite his concerns about Low, none of the 1MDB deal bankers – including Tim Leissner, the head banker on the deal – disclosed Low’s involvement.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Large crowd gather to pay last respects to senior Esscom officer
Still no leads on burglary at influencer's house, say North Seberang Perai cops
Mentris Besar, Chief Ministers congratulate King on His Majesty's official birthday
Public told to verify facts about cost of goods before sharing on social media.
National sepak takraw squad to receive RM170,000 special incentive from NSC, says Hannah
Nine-month-old baby trapped in car in Kota Kinabalu
Zayn Rayyan murder: Cops call up ex-babysitter, two others to help investigations
Johor immigration arrests 26 foreigners for illegal entry
Holistic approach needed to capture growing Muslim tourist market, says Tourism sec-gen
No sabotage, malicious elements in PJ church car crash, say cops

Others Also Read